SPAC 2020

Below is a collection of every SPAC 2020 article by The Information.
The Information's Jessica Lessin talking with Joanna Coles at The Information's WTF event in 2019. Photo by Karen Obrist
SPAC 2020

SPACs Have “Come of Age,” Says Joanna Coles

By Ross Matican · Nov 13, 2020 1:56pm PST
It’s cheaper and more efficient for companies to go public by merging with a special purpose acquisition company than to do so by pursuing a traditional initial public offering, said Joanna Coles, former chief content officer at Hearst. She’s one of a myriad of seasoned executives entering 2020’s booming SPAC market. ... It’s cheaper and more efficient for companies to go public by merging with a special...
The NYSE's vice chairman, John Tuttle. Photo by Bloomberg
SPAC 2020

As SPACs Evolve, So Does Their Investor Base

By Ross Matican · Nov 13, 2020 1:04pm PST
Until this year, one of the factors holding back special purpose acquisition companies was that many institutional investors didn’t buy into them. Hedge funds dominated SPAC share purchases. But that is changing, according to several Wall Street executives. The SPAC market is “a much more diverse market with a lot more participation... Until this year, one of the factors holding back special purpose acquisition companies was that...